Durham, NH 03823,4-6 Main ST
Durham, NH 03823,4-6 Main ST
Durham, NH 03823,4-6 Main ST
Durham, NH 03823,4-6 Main ST
Durham, NH 03823,4-6 Main ST
Durham, NH 03823,4-6 Main ST
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Listed by Todd Koss • Lillian Montalto Signature Properties
Bought with Nikolas Amicone • Coco, Early & Associates Windham Division

$5,150,000

$5,500,000

6.4%
Est.Price: ?

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Est. payment /mo

14,700 SqFt


SOLD DATE : 07/10/2020

Key Details

Sold Price $5,150,000

Property Type Commercial

Sub Type Investment

Listing Status Sold

Purchase Type For Sale

Square Footage 14,700 sqft

Price per Sqft $350

MLS Listing ID 4802373

Sold Date 07/10/20

Year Built 1920

Annual Tax Amount $85,952

Tax Year 2020

Property Description

Welcome to Nick’s Bricks. This 5-bldg property consisting of 21 units & 56 bedrooms sits just at the bottom of Main St at The University of New Hampshire Campus. Each tenant has their own good-sized bedroom-no sharing required. Each tenant has their own parking space. The 5 min walk to the center of campus and 2 min to “downtown” - this location is ideal and a perfect exchange for cramped dorm living. There have been no vacancies at the property for 25 yrs. As a property owner, this property is equally attractive. All 5 bldgs, and the grounds, have limited maintenance required. The bldgs have either brick, vinyl or hardi plank siding & 2 bldgs have new roofs. The grounds are primarily pavement with little landscaping requirements. The units are spacious, however not massive to invite large gatherings and are designed for regular turnover. No deferred maintenance. New heating system in the main bldg. The rents are under market & ready to be increased.

Location

State NH

County Nh-strafford

Area Nh-Strafford

Zoning Commercial

Exterior

Exterior Feature Brick

Garage Off Street, Parking Spaces 21+, Paved, Reserved

Garage Description Off Street, Parking Spaces 21+, Paved, Reserved

Utilities Available Gas - LP/Bottle

Waterfront No

Waterfront Description No

View Y/N No

Water Access Desc No

View No

Building

Lot Description Leased, Level, Rental Complex, Sidewalks

Sewer Public

Water Public

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